Latest boost in builder confidence is a good sign that some pockets of recovery are starting to emerge across the country as extremely favorable interest rates and prices catch consumers' attention,",this is according the the lending rates as provided by the bank, and the banks increasing the crfeditworthiness of the loans though it has raised the interest rates for lending the money. "However, it's worth noting that while some builders have shifted their assessment of market conditions from 'poor' to 'fair,' relatively few have shifted their assessments from 'fair' to 'good.' One reason is that builders are facing downward pricing pressures from foreclosed homes at the same time that building materials costs are rising, and this is further squeezing already tight margins

This good news, though, is taken with a grain of salt, as the majority of the new home sales improvement was seen in the multi-family sector.They report this increase "is likely a product of some expected increase due to the greater demand for rental apartments as well as greater statistical variance. The start of a multifamily structure can account for multiple units so one large building started just after (or before) the month change can push the monthly figures up (or down) more than justified."